"If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game." Warren BUFFETT	Donate with Paypal
- U.S.A. - Canada - U.K. - France - Germany - Japan - Hong-Kong	3M - - DOW JONES 30 - Industrial Conglomerates 3M Company (3M) is a diversified technology company with global presence in industrial and transportation; health care; safety, security and protection services; consumer and office; display and graphics, and electro and communications. MARGIN OF SAFETY of 3M : 55.27 % The Margin of Safety of 3M is OK (>50%). How is the Margin of Safety calculated ? QUALITY : Conservative Investors : Enterprising Investors : What are the Stars ? FORUMS VISIT 3M FORUM ! Alerts : no buy or sell alert What are the alerts ? Price over 1 year : PRICE, INTRINSIC VALUE & MARGIN OF SAFETY based on GRAHAM's FORMULA What is the Graham's Formula ? 3M price is : (as of 5/21/2009) USD Current Earnings per Share (2009 est.) are : USD Estimated Long Term Growth (% per Year) is : % INTRINSIC VALUE = 3.92 x (8.5 + 2 x 6.95) = 87.81 USD MARGIN OF SAFETY = (87.81 - 56.55 ) / 56.55 = 55.27 % (OK) How is Long Term Growth estimated for 3M ? Historical analysis for 3M - See detail QUALITATIVE FILTERS FOR 3M What are the Stars ? DEFENSIVE ENTERPRISING COMPANY SIZE (MKT CAP. Mls $) Very Large 38,934 mls.$ OK The company's Market cap. is above 5000 millions dollars - FINANCIAL CONDITION Current Ratio 1.64 The current ratio is under 2 The current ratio is above 1.5 LT Debt/Net Curr. Assets 1.37 The LTdebt/current assets ratio is above 1 The LTdebt/current assets ratio is above 1.1 EARNINGS STABILITY Losses / 10 - 5 Years 0 / 0 No losses in the past ten years No losses in the past five years DIVIDENDS Years of Dividends 15 15 years of dividend in the past 15 years Current dividends paid EARNINGS GROWTH Growth 10-5 Years 144% / 30%% Total Earnings growth above 33% for the past 10 years Last year earnings above earnings 5 years ago VALUATION P.E. x P/Book 56.75 P.E. x P/Book is above 22.5 P/Book is above 1.20 P.E. 14.4 OK PE is under 15 - P/Book 3.94 NO P/Book is above 1.5 NO P/Book is above 1.2 3M - Competitors for Industrial Conglomerates   STOCK QUALITY Conservative Investors MARGIN OF SAFETY Long Term Growth Price / Earnings   Wendel - France Mid&Small 190 Industrial Conglomerates MARGIN OF SAFETY : 896.64 % Long Term Growth : 14.71 % Price / Earnings : 3.8 x 29.15 / 7.66 = SK Hldg - Korea Kospi50 Industrial Conglomerates MARGIN OF SAFETY : 322.00 % Long Term Growth : 12.30 % Price / Earnings : 7.8 x 117500 / 14982.90 = Smiths Group - U.K. FTSE 100 Industrial Conglomerates MARGIN OF SAFETY : 235.18 % Long Term Growth : 12.50 % Price / Earnings : 10.0 x 745.5 / 74.60 = Sembcorp Indust - Singapore Strait-Times Industrial Conglomerates MARGIN OF SAFETY : 168.11 % Long Term Growth : 8.93 % Price / Earnings : 9.7 x 2.91 / 0.30 = Jardine Matheson - Singapore Strait-Times Industrial Conglomerates MARGIN OF SAFETY : 157.52 % Long Term Growth : 9.16 % Price / Earnings : 10.4 x 22.8 / 2.19 = Jardine Strategi - Singapore Strait-Times Industrial Conglomerates MARGIN OF SAFETY : 149.51 % Long Term Growth : 7.73 % Price / Earnings : 9.6 x 13.06 / 1.36 = Keppel - Singapore Strait-Times Industrial Conglomerates MARGIN OF SAFETY : 147.77 % Long Term Growth : 9.84 % Price / Earnings : 11.4 x 6.96 / 0.61 = Siemens - Germany DAX 30 Industrial Conglomerates MARGIN OF SAFETY : 61.38 % Long Term Growth : 4.97 % Price / Earnings : 11.4 x 52.89 / 4.63 = 3M - U.S.A. DOW JONES 30 Industrial Conglomerates MARGIN OF SAFETY : 55.33 % Long Term Growth : 6.95 % Price / Earnings : 14.4 x 56.55 / 3.92 = Siemens - India Nifty50 Industrial Conglomerates MARGIN OF SAFETY : 31.15 % Long Term Growth : 13.32 % Price / Earnings : 26.8 x 455.55 / 17.00 = Fraser and Neave - Singapore Strait-Times Industrial Conglomerates MARGIN OF SAFETY : 17.08 % Long Term Growth : 5.75 % Price / Earnings : 16.8 x 4.03 / 0.24 = Hutchison Wham - Hong-Kong Hang-Seng Industrial Conglomerates MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 20.8 x 51.15 / 2.46 = General Electric - U.S.A. DOW JONES 30 Industrial Conglomerates MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 13.5 x 13.24 / 0.98 = Tyco Intl - U.S.A. SP 500 Industrial Conglomerates MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.3 x 25.93 / 2.30 = CJ - Korea Kospi50 Industrial Conglomerates MARGIN OF SAFETY : -18.31 % Long Term Growth : 4.74 % Price / Earnings : 22.0 x 54000 / 2453.50 = CITIC Pacific - Hong-Kong Hang-Seng Industrial Conglomerates MARGIN OF SAFETY : -19.30 % Long Term Growth : 5.14 % Price / Earnings : 23.3 x 16.06 / 0.69 = Textron Inc - U.S.A. SP 500 Industrial Conglomerates MARGIN OF SAFETY : -26.80 % Long Term Growth : 4.93 % Price / Earnings : 25.1 x 11.03 / 0.44 = Kon Philips - Nederland AEX25 Industrial Conglomerates MARGIN OF SAFETY : -66.72 % Long Term Growth : 0.64 % Price / Earnings : 29.4 x 13.8 / 0.47 =